The characteristic mark of a tyrannical regime is that it eventually finds it necessary to erect walls to keep people from leaving. This is why we should be troubled by the “Ex-PATRIOT Act,” an egregiously offensive bill recently introduced in the Senate. Following a long line of recent legislation and regulations attempting to expropriate more and more wealth from hard-working Americans, this new bill spits in the face of overburdened taxpayers and tramples on the Constitution.

Current law already dictates that Americans with a net worth of over $2 million who expatriate must be assumed to have sold all their assets and must pay a corresponding punitive exit tax on those assumed sales. The Ex-PATRIOT Act goes even further than current law by assessing a 30% capital gains tax on all future earnings of expatriates. Not content just with this additional tax, the bill also grants the IRS the sole authority to determine whether individuals have expatriated for tax purposes and allows the IRS to bar those individuals from ever re-entering the United States. Finally, the bill blatantly violates the ex post facto provisions of the U.S. Constitution by extending all of these provisions to anyone who has given up their U.S. citizenship within the past decade.

This bill, and other similar legislation, casts a chilling effect on saving, investment, and entrepreneurial activity. The bill was introduced in response to news reports about one of the founders of Facebook who might save millions of dollars of taxes by renouncing his U.S. citizenship. But in their blind envy towards successful entrepreneurs, the bill’s sponsors ignore the fact that they will ensnare many ordinary middle-class Americans who work hard, save and invest wisely, and benefit from rising home values. These Americans may easily find themselves pushing past the $2 million mark by the time they retire, especially as inflation continues to seriously accelerate. If they wish to escape the Federal Reserve’s inflation by emigrating to lower-cost countries so their dollars will go farther, as many Baby Boomers are starting to do, the federal government will penalize them, and continue to penalize them for the rest of their lives as long as they hold any money in the United States.

Unfortunately, the mere consideration of such legislation, even before it has passed, has made American banking customers a potential future headache for banks around the world. They don’t want to deal with the IRS any more than Americans do, and if American account holders become a Trojan horse for the IRS to insinuate themselves into their affairs, there may be more cost than benefit to extending banking services to Americans.

We live under a federal government that has eviscerated our Fourth Amendment rights, that can detain U.S. citizens indefinitely based solely on the President’s word, that assaults toddlers and grandmothers at airports in the name of security, and regulates virtually every aspect of our economic lives. No wonder increasing numbers of Americans feel this government is engaged in outright warfare against its own citizens. Every day the noose grows tighter, yet anyone who sees the writing on the wall and seeks to leave must pay exorbitant taxes just for the privilege of leaving, and increasingly the possibility looms of never fully breaking away from the government’s tentacles no matter where they go. Ultimately, the Ex-PATRIOT Act proposes to control people by controlling their capital, and it has no place in a free society.

Its proof that WE BOTH ARE TROLLS. We been feeding each other for 2 days. lol. also I see you cant refute that both parties want war with Iran. And remember Pwih1987 politicians are all crook and criminals. LAST WORDS: you have been pwned.

Nobody is forcing people to get pregnant so even if the government was not allowing abortions wouldnt u say that is better than China's policy? It is definitly saving lives whether people like it or not I wouldnt have a problem if Ron Paul did that.

so technically we're all in jail and to leave you must pay Bail and on top of that we must continue to pay a "stay-the-f**k-away-from-me tax" for the resat of our so called free lives.
Fed, you're at crook status you JUST cannot do this legally and you know it

I can tell you're mad because you cant handle the truth. It's funny you be calling me a troll but yet you alway been feeding me. I thought the Republican Party wants a war with Iran same with the Democratic Party. Like I said before we truly don't know that he doesn't accept money from Wall Street. The shadow govt gotta tell us what we want to hear like Ron Paul being anti war but in reality hes pro war. Remember Obama saying he anti war but ended up starting an illegal war in Libya???

I can see you have not be paying attention to this years republican nominee process. You really are a fucking idiot lol. They let Ron Paul run just to show how weak and pathetic most Americans are when it comes to picking someone for this country. And I am attacking your generalizing argument u dumb fuck. The child molester and racism argument is valid. You put Dr. Paul in the same category as the other politicians. Those in reality know that is not true.

I thought the Republican Party wants a war with Iran same with the Democratic Party. Like I said before we to truly don't know that he doesn't accept money from Wall Street and businesses. There's a possibility that Ron Paul might be funded by corporations but in secrecy. The shadow govt gotta tell us what we want to hear like Ron Paul being anti war but in reality hes pro war. Remember that happened with Obama saying he anti war but ended up starting in an illegal war in Libya.

I don't think that ron paul being controlled by the shadow government is a reality. his message has been so pure and consistent in his public and private life, since he was first elected a congressman. He accepts no money for the constant defaming that he receives from mainstream media. There just is no incentive for him to go through what he does, with no compensation, for that many years. he doesn't flip flop on issues and has a constitution that he guards with his life.

Don't give that police and child molesters priest bullshit Sir. You should know by now that a shadow government that own the FED run this country not "We the people". All the Presidents after JFK were all puppets "PRE-SELECTED" by the shadow government. If Ron Paul wasn't one of their puppets he would of ran for office as a 3rd party Sir but instead he's campaigning as a republican. If Ron Paul was really about about ending big government and wars the Republican Party wouldn't let him run.

If you say not to trust a politician than who should trust or try and look at anything from your point of view. HUMANITY in general has displayed acts of crookedness and disgusting actions. That does not mean there are no good people out there. You generalize. IF one priest is a child molester are all priest child molesters? If one cop is racist are all cops racist? You need to rethink your argument and see how flawed the one you are using now is. Like I said you are living in the past troll.

XD I'm not living in the past I'm stating facts from the past man. I see you haven't learned anything from the past at all because if you did you would been figure that all politicians are crooks and never gave a damn about "we the people". you need to stop day dreaming thinking politicians still care about the rights of people.

Obviously Dr. Paul knows we do not live in a truly free society. And you are stuck in the past. like I said LEARN from the past do not live in it. And what you speak of is fucking impossible stop day dreaming loser.

Dude you don't know nothing about freedom. Let me tell a lil secret about America when it was founded the Constitution only granted white men their freedom not women or colored people. remember back then they consider black people 3/5 of a men and women couldn't vote. if you want absolute freedom you need to get rid of government and the constitution. if you was true free society no one would have to tell you you're free.

Disclaimer

RonPaul.com is maintained by independent grassroots supporters of Ron Paul. Neither this website nor the articles, posts, videos or photos appearing on it are paid for, approved, endorsed or reviewed by Ron Paul or his staff.